JPMorgan, Citi Governance Spotlight Widens After $52 Million Banker Hire and Lawmaker Stock Sale
Citi’s hiring of former JPMorgan banker Viswas Raghavan is under scrutiny after reports said JPMorgan had decided he had no long-term future there due to management concerns. Citi disputed the characterization of its hiring process. Separately, Rep. Lizzie Fletcher disclosed selling up to $15,000 in inherited JPMorgan shares. U.S. markets were closed Saturday.